Florida’s biggest insurer hands off 600k policies as new storm comes

The Florida Legislature-created Citizens Property Insurance Corporation has been so overwhelmed with new insurance policies in recent years that regulators have approved proposals for private insurers to take over more than 600,000 of those policies. Continue reading

New Hampshire metro prevails as hottest US market for 29th time

August marked the eighth consecutive month in which Manchester, New Hampshire, was ranked the hottest U.S. market by Realtor.com. The top 20 hottest markets were all in the Northeast and Midwest. Continue reading

Cost of insurance, property tax top triggers of mortgage delinquencies

Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com. Continue reading

Case-Schiller Index breaks all-time high as HPI appreciation slows

Figures in April 2024 for both indices suggested a strong market going into summer. Both the S&P CoreLogic Case-Shiller index and the FHFA HPI rose 6.3 percent on an annual basis. Continue reading

High-end condos, co-ops bright spots for Manhattan in May

The Hamptons luxury market also performed well across both single-family homes and condos, according to Douglas Elliman’s new signed contracts report. Continue reading

US home prices rise in 93% of all housing markets in Q1, NAR says

Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday. Continue reading

Bad at math? Let David Childers illuminate the latest data

Keeping Current Matters CEO David Childers and Jimmy Burgess discuss why a relevant market opinion based on facts, not fears, is key for educating consumers and navigating industry changes. Continue reading

New-home sales enjoy big spring rally after signs of wear in February

Sales of newly built, single-family homes rose 8.8 percent in March, a reflection of the beginning of a busy homebuyer season. New-home sales rose 8.3 percent year over year, according to the U.S. Census Bureau. Continue reading

Lamacchia: ‘Nothing’s changed’ about mortgage commission rules

Anthony Lamacchia thinks some agents are reading too much into guidance issued by mortgage giants Fannie Mae and Freddie Mac confirming sellers can continue to pay buyer’s agents’ commissions. Continue reading